The AUD/USD is bullish. Cup with the handle pattern suggest more bulls to come and join the fray. We should see a new high but watch for the NFP.
Today is the NFP. It implies a possible volatile action depending on the outcome. At this point the AUD/USD is showing a bullish pattern with the POC zone at 0.7195-0.7220. Buyers are here and continuation will happen above 0.7252. Targets are 0.7270, 0.7282 and 0.7299. Watch for volatile price action after the NFP.
